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RE: Announcing: #TyrannyTuesday, #WordWednesday and #FreedomFriday.
Absolutely. Though, sometimes people are just too hard headed to converse with even when we try to define words. The worst is capitalism. Some folks just can't show all the places on the doll where "Crapitalism" hurt them. They won't see that almost every time, they are actually talking about Corporatism.
Definitely. Capitalism is one of those words that I find myself avoiding, if possible, in certain conversations because of what you described. It has has been tainted like anarchy has, where the overwhelming majority of people have swallowed hook, line, and sinker that almost the exact opposite definition is accurate. I find that in such conversations sometimes it can be easier to come to an understanding about the ideas of capitalism (like voluntary interactions, private ownership, and such), to which most folks are likely to agree with, and then later inform them that they're actually championing capitalism.
Considering capitalism was originally a slur word used to describe mercantilism which is not an example of a free market, I tend to avoid it also.
In truth very few of us have ever been exposed to an actual free market so people's view on this is skewed by that perspective. I usually try to point out the collusion between corporations and the state and how that raises the barrier to entry into the market place and makes it impossible for most individuals to compete.
I am generally pretty successful unless I'm talking to a die hard commie.